Fort Worth weekly gazette. [volume] (Fort Worth, Tex.) 1882-1891, 1887-02-04
A TALK WITH GOULD.
He Finds Something Very Nearly APP.
preaching a Business Boom at
the West.
The Chances About Evenly Divided for
the President to sign or Veto the
Inter STATE Commerce BIN.

NEW YORK, Feb l.-Jay Gould arrived
in New York on Sunday after an absence
of three weeks spent in thorough in
spection of his southwestern railroads.
He was at his office in TIE Western Union
building yesterday, nearly al day, deeply
immersed in business. When he WAS
somewhat at leisure be said to Tribune
reporter: . have been through fourteen
states since l left home, not to
speak of looking over the border into
Mexico. | went as far SIS Laredo. Mr..
Clark, who took H0Xie's place, had not
been over some OF our lines in Texas, ard
part OF the trip was largely for his benefit
| as general manager of the system. Every
where in the west we found confidence
and prosperity the rule among
business men. There is some
thing very nearly approaching
business boom az the west and the talk
among all classes is confident and COUrs
geous. The movement of meIchap lse
on the Missouri Pacific is extremely
large. l have dispatch from Mr.. Clark
! in which Is given the
movement of freight trains On
Saturday and Yesterday. On SATURDAY.
it comprised 49, freight trains Ct 1888
cars, an increase of 220 trains ami $40
loads compared with the same time las
year, and Yesterday there were moved Is
freight trains cont lining Gl22 loads, II
increase of 1872 trains and PHO leads over
the same day last year. Our business j.
| increasing in about that proportion
right along, and this fact proves bell =
perhaps than anything l car say the
hopeful feeling throughout the west.
find on my return that opinions here
seem to have been greatly mixed 30
say the least, and | am little sgc-
prised after my experience of the
past three weeks. As to the interstate
commerce bill, they hope to derive great
advantage from it. 1t is rather = curious
fact that the people who will be likely to
suffer most from the practical operations
of the measure are much more heartily in
favor Of it than the people of the
east. l know little about the prob
aDle action Of the President, but
= dis stch was shown me Just
now which stated that three members OF
the cabinet are opposed to it and the
Others are IN favor Of it. l should think
he chanCes about even that the President
might sign or VETO it. It would make
MIN very popular with some classes II ne
should send out ringing message
in objection to the bill
One clause in it, l think,
is plainly unconstitutional because, while
Congress may have the right to regulate
commerce between states, 1t can have no
right to delegate its authority to third
party, the commission that this bill estab-
fishes. | believe this view will be main
tanned by the courts when the question
comes before them. There will be some
advantage derived from the law if the
railroads Will live strictly up to its
letter. 1t will be shown how
utterly inadequate legislation is in crap
ping with the customs and regulations
in the transportation that has grown up
with the development of our railroad
system. II the railroad companies will
closely follow the law it will be repealed
within SIX months. If they do not do
so but try to evade it, each for himself
well. it will be somebody to catch on
hlndmost."
Mr.. Gould said he had no information
whatever in regard to the reported new
telegraph line between Chicago and New
York